Cashfree Payments revenue hits Rs 1,000 crore in FY26; company eyes operational profit in FY27

Fintech firm Cashfree Payments on Monday said it has achieved a revenue of around Rs 1,000 crore in FY26 and expects to post operational profit in the ongoing financial year.

The company said that gross transaction value on its platform grew 78 per cent year-on-year in the March 2026 quarter.

"Cashfree Payments...has achieved EBITDA profitability in March 2026 and is on track for full-year EBITDA profitability in FY27. The company also clocked in approximately Rs 1,000 crore in revenue in FY26," the company said in a statement.


The SBI and Krafton-backed fintech firm holds all three RBI licenses of Payment Aggregator (PA), Payment Aggregator-Cross Border (PA-CB), and Prepaid Payment Instrument (PPI).

" (With) strong revenue performance and efficient cost management, we achieved EBITDA profitability in March 2026. In FY26, our cross-border operations reached scale, grew our merchant base significantly, and doubled down on AI-native infrastructure. FY27 will be the year we demonstrate that at a full-year level," Cashfree Payments Co-Founder and CEO Akash Sinha said.

The company claims its active merchant base grew 50 per cent year-on-year in FY26, with growth distributed across both enterprise and small and medium business (SMB) segments.

"Cashfree Payments' cross-border business also saw a strong growth in FY26. Cross-border GTV grew by 8x between March 2025 and March 2026, and net revenue grew by 10x during the same time period. Cross-border revenues are expected to reach 25 per cent of the total revenue in the coming years," the statement said.

The company said its strategic priorities for the upcoming financial year include delivering full-year EBITDA profitability, scaling the cross-border business to become a major revenue contributor and investing in innovations across the identity verification suite and AI-native payments infrastructure.